Notice of dividend currency exchange rate (rand)

About this update from Schroder European Real Estate Investment Trust Plc

[{"type":"text","content":"\n \nRNS Number : 9751J Schroder Eur Real Est Inv Trust PLC 10 December 2018  \n\n10 December 2018\n \nNOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)\n \nOn 3 December 2018, Schroder European Real Estate Investment Trust plc (the \"Company\") announced its fourth interim dividend for the year ended 30 September 2018 of 1.85 euro cents per share.\n \nThe currency exchange rate applicable for the dividend payable in South African cents to shareholders on the South African register is based on the exchange rate on 10 December 2018 and is set out below:\n \n\n\n\nDeclared dividend \n\n\nExchange rate\n\n\nDividend in South African cents per share\n\n\n\n\n1.85 euro cents per share\n\n\n16.17000\n\n\n29.91450\n\n\n\n \nDividend tax will be withheld from the amount of the gross dividend of 29.91450 South African cents per share paid to shareholders on the South African register at the rate of 20 per cent unless a shareholder qualifies for exemption. \n \nAfter the dividend tax has been withheld, the net dividend will be 23.93160 South African cents per share. \n \nFor the avoidance of doubt, dividend tax, and therefore the information provided in this announcement, is only of direct application to shareholders on the South African register.\n      \n\n \nEnquiries:\n\n \nDuncan Owen/Jeff O'Dwyer\nSchroder Real Estate Investment Management Limited                  Tel: 020 7658 6000\n \nRia Vavakis\nSchroder Investment Management Limited                                   Tel: 020 7658 2371\n \nDido Laurimore                                                             Tel: 020 3727 1000\nFTI Consulting    \n \nShareholders on the South African branch register should direct any questi...

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